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Campaigns / Spruce Point Capital → Perion Network Ltd.
Spruce Point Capital vs. Perion Network Ltd.

Perion Network Ltd. · PERI

1 deck published between 2023-05-23 and 2023-05-23 — 127 pages, 127 analysed slides total.

initial thesis

Timeline

Each deck in chronological order — click to open. This is the story of the campaign as it unfolded.

  1. 2023-05-23 initial thesis

    2023 05 64e52e50b27f0dc4c537861c_peri_research_thesis_5 23 2023

    127pp · full_deck

    PERI's Apple-tier revenue per employee, opaque revenue recognition, Lumenis-tainted CEO and impaired Microsoft Bing deal point to a forensic short with 25-40% downside.